Whitewater Region - 581 - Beachburg
Whitewater Region - 581 - Beachburg
Sold For$532,400
Listed For $549,900
Sold 7 months ago
This fully tenanted six-plex offers immediate cash flow and long-term potential. Featuring a strong 8.7% CAP rate and gross monthly income of $7,330, this income-generating property includes five apartment units; Two 2-bedrooms and Three 1-bedrooms plus a separate, private 2-bedroom house at the rear of the lot. The standalone house offers untapped potential with a spacious attic, ideal for adding an additional unit (buyer to verify). The buildings lower level includes independent access to all mechanicals and a shared laundry area, providing a perfect setup to install coin-operated machines for additional income. Situated on a large lot with ample tenant parking and green space, this property is fully rented with reliable tenants. Located in the heart of Beachburg, a peaceful and growing
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* Values are estimates only and not a guarantee of lending or affordability.